Crypto Market Correction: Bitcoin, Ethereum Down 3%, Stellar Dips 6%

Bitcoin and Ethereum fell by 3% in the last 24 hours, pulling down the overall crypto market capitalization by 2.43%. Stellar, which had surged in May, dropped 6% over the past week and is now trading below a key support level.

Technical indicators suggest that XLM is in a retracement phase, needing to surpass $0.175 and $0.183 resistance levels to signal a bullish reversal. Until then, bearish sentiment is expected to continue for Stellar and possibly the wider crypto market.